Total 15 Billion RET token will be frozen until the completion of RETchain Mainnet

RealTract Network
RealTract Network
Published in
2 min readDec 4, 2019

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RealTract team would like to announce to the community a thrilling news for the temporal distribution plan of RET token and its official commencement in the future.

As part of the RET token restructuring plan of the Testnet planning series and the completion of the Mainnet in the near future, we have recognized critical issues in the use of ERC20 token on the Ethereum Platform, especially during the token burning process. This motivates us to work even harder to complete RETchain and the technologies that will solve the weaknesses of the current blockchain platforms. Along with that is the ability to calculate the RET coin allocation in the future. It can be simply understood that RET coin are stock representatives issued by the RealTract team showing the organization’s development potential and ability. Therefore, any activity related to the supply and demand of RET coin should be monitored in detail and decided properly.

After careful discussions among members of RealTract team, the total 15 billion RET will be frozen until the Mainnet is completed and will be reorganized to reallocate RET token through plans and programs that will be introduced in the future.

The procedure to freeze a total of 15 billion RET token will take place in 3 times, with the first commencement to lock 5 billion RET token has been completed.

Check this TXID:

https://etherscan.io/tx/0x41b6b1932be64648a315d843b6eb72a299a357784d4bb78541f8e75f36b95fdb

Make sure to follow us on social media pages of the project. Especially, we look forward to the most important milestone of the project which is approaching. The RealTract team is full of enthusiasm and hope with RealTract Network !

Learn more about RealTract:

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